Block (XYZ) Debt Ratio (2017 - 2026)
Block's (XYZ) Debt Ratio was 0.16 for Q2 2026, up 15.9% from 0.14 a year earlier but down 11.9% from the prior quarter.
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Analysis
Block (XYZ) Debt Ratio (2017 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Block was 0.18, up 11.0% from FY2024.
- Debt Ratio has increased for three consecutive years.
- By year, Debt Ratio came in at 0.17 in FY2024 (+12.5%), 0.15 in FY2023 (+1.2%), 0.15 in FY2022 (-56.7%) and 0.34 in FY2021 (+8.9%).
- Five-year quarterly Debt Ratio spans a low of 0.12 in Q1 2024 and a high of 0.39 in Q3 2021.
- Year over year, Debt Ratio has now increased in each of the last four quarters, with growth averaging 14.7% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q3 2021 (growth of 42.8%); the low point was Q2 2022 (a decline of 61.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.18 (Q1 2026), 0.18 (Q4 2025) and 0.19 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | 0.25 |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 0.16 |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 0.16 |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | 0.48 |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 0.30 |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 0.34 |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 0.36 |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 0.26 |
| 10 | Hut 8 | 10.61 Bn | 10.45 Bn | 48.04 Mn | 0.77 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.16 |
| Mar 31, 2026 | 0.18 |
| Dec 31, 2025 | 0.18 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.14 |
| Mar 31, 2025 | 0.14 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.15 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.15 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.16 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 0.39 |
API Access
Block Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=XYZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "XYZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=XYZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();